MIRA INFORM REPORT
|
Report Date : |
18.11.2011 |
IDENTIFICATION DETAILS
|
Name : |
S.OLIVER BERND FREIER GMBH & CO. KG |
|
|
|
|
Registered Office : |
S. Oliver-Str., D 97228 Rottendorf |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
09.02.1988 |
|
|
|
|
Com. Reg. No.: |
HRA 3925 |
|
|
|
|
Legal Form : |
Ltd partnership with priv. ltd. company as general partner |
|
|
|
|
Line of Business : |
Wholesale of clothing and footwear |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
Maximum Credit Limit : |
250,000 EUR |
|
Status : |
Good |
|
Payment
Behaviour : |
No Complaints |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Germany |
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name & address
s.Oliver Bernd Freier GmbH & Co. KG
Main address:
S. Oliver-Str.
D 97228 Rottendorf
Telephone: 09302/309-0
Telefax: 09302/309-400
Homepage: www.s.oliver.de
E-mail: info@s.oliver.de
VAT no
DE811253614
CONCLUSION
Business
relations are permissible. The company is considered solvent for credits within its scope of business.
Synthesis
LEGAL FORM Ltd partnership with priv. ltd. company as
general partner
Registered on: 09.02.1988
Register of
companies: Local court 97070 Würzburg
under: HRA 3925
Total cap. contribution: EUR 28,000,500.00
Limited partner
Bernd Freier
Oberer Bogenweg 35
D 97074 Würzburg
born: 17.09.1946
Share: EUR 28,000,500.00
General partner
s.Oliver Bernd Freier SARL
L Luxembourg
Legal form: Other legal form
Reg. data: 97070 Würzburg,
Proxy
Gerd Kiesel
Spitzwiese 25
D 97270 Kist
born: 05.10.1956
Profession: Clerk
Marital status: married
Proxy:
Werner Reuß
Zweierweg 47
D 97074 Würzburg
having sole power of representation
born: 15.02.1944
Marital status: married
Proxy:
Reinhold Werthmann
D 97270 Kist
having sole power of representation
born: 19.12.1958
COMPANY HISTORY
29.08.1996 -
24.02.1997 S. Oliver Bernd Freier GmbH
& Co. KG
Ostring
D
97228 Rottendorf
Ltd partnership with priv. ltd. company
as
general partner
25.02.1997 -
11.11.1999 S. Oliver Bernd Freier GmbH
& Co.
Ostring
D
97228 Rottendorf
Ltd partnership with priv. ltd. company
as
general partner
12.11.1999 -
22.10.2008 S. Oliver Bernd Freier GmbH
& Co. KG
Ostring
D
97228 Rottendorf
Ltd partnership with priv. ltd. company
as
general partner
22.10.2008 -
09.06.2009 S. Oliver Bernd Freier GmbH
& Co. KG
S.
Oliver-Str.
D
97228 Rottendorf
Ltd partnership with priv. ltd. company
as
general partner
RESIGNED ACTING
PERSONS AND SHAREHOLDERS
General partner
Triangle GmbH
D 97228 Rottendorf
BUSINESS ACTIVITIES
Secondary
industrial sector
4642 Wholesale of clothing
and footwear
47710 Retail sale of
clothing
BRANCHES AND FACTORIES
Branch:
s.Oliver Bernd Freier GmbH & Co. KG
Hermann-Hesse-Str. 21
D
65207 Wiesbaden
TEL.:
06127/6200
Branch:
s.Oliver Bernd Freier GmbH
& Co. KG
Centroallee 113
D
46047 Oberhausen
TEL.:
0208/20458-0
Branch:
s.Oliver Bernd Freier GmbH & Co. KG
Bünder Str. 55
D
32120 Hiddenhausen
TEL.:
05221/6842-0
Branch:
s.Oliver Bernd Freier GmbH & Co. KG
Großenbaumer Weg 12
D
40472 Düsseldorf
TEL.: 0211/516016-210
Branch:
s.Oliver Bernd Freier GmbH & Co. KG
Schildergasse 32-34
D
50667 Köln
TEL.:
0221/2725583-0
Branch:
s.Oliver Bernd Freier GmbH & Co. KG
Modering 1
D
22457 Hamburg
TEL.:
040/559755-0
Branch:
s.Oliver Bernd Freier GmbH & Co. KG
Lange
Str. 3-5
D
44532 Lünen
TEL.:
02306/2040890
Branch:
s.Oliver Bernd Freier GmbH & Co. KG
Münchener Ring 2
D
04435 Schkeuditz
TEL.:
034204/707011
Branch:
s.Oliver Bernd Freier GmbH & Co. KG
Tilsiter Str. 13
D
71065 Sindelfingen
TEL.:
07031/796977
PARTICIPATIONS
Limited partner:
S.Oliver Trading Int. GmbH & Co. KG
Ostring
D
97228 Rottendorf
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total
cap. EUR 75,000.00
contribution:
Share: EUR 75,000.00
Reg.
data: 20.12.2001
Local court 97070 Würzburg
HRA 5134
Shareholder:
Texlog
GmbH
Ostring 11
D
97228 Rottendorf
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 150,000.00
Share: EUR 150,000.00
Reg.
data: 23.03.1999
Local court 97070 Würzburg
HRB 6512
Shareholder:
S.
Oliver 1 Textilhandel GmbH
Ostring
D
97228 Rottendorf
Legal
form: Private limited company
Company Status: dissolved since:
26.04.2010
Share
capital: EUR 125,000.00
Share: EUR 125,000.00
Reg.
data: 19.07.1999
Local court 97070 Würzburg
HRB 6633
Shareholder:
Triangle GmbH
Ostring
D
97228 Rottendorf
Legal form: Private limited company
Company Status: dissolved since:
19.04.2011
Share
capital: EUR 100,000.00
Share: EUR 100,000.00
Reg. data: 29.12.1983
Local court 97070 Würzburg
HRB 2324
Shareholder:
comma,
GmbH
Ostring
D
97228 Rottendorf
Legal form: Private limited
company
Company Status: active
Share
capital: EUR 100,000.00
Share: EUR 100,000.00
Reg. data:
12.03.1997
Local court 97070 Würzburg
HRB 5814
Shareholder:
Oliver
Twist Textilhandel GmbH
Ostring
D
97228 Rottendorf
Legal
form: Private limited company
Company Status: dissolved since:
31.05.2007
Share
capital: EUR 51,129.19
Share: EUR 51,129.19
Reg.
data: 25.03.1997
Local court 97070 Würzburg
HRB 5826
Shareholder:
KNOCKOUT Textilhandel GmbH
Ostring
D 97228 Rottendorf
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 51,129.19
Share: EUR 51,129.19
Reg.
data: 04.04.1997
Local court 97070 Würzburg
HRB 5834
Shareholder:
Q.S.
Textilhandel GmbH
Ostring
D
97228 Rottendorf
Legal
form: Private limited company
Company Status: dissolved since:
31.05.2007
Share
capital: EUR 51,129.19
Share: EUR 51,129.19
Reg.
data: 11.03.1997
Local court 97070 Würzburg
HRB 5813
Shareholder:
S.
Oliver Immobilien- und Beratungs-GmbH
Ostring
D
97228 Rottendorf
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,564.59
Share: EUR 25,564.59
Reg.
data: 05.12.1994
Local court 97070 Würzburg
HRB 5088
Shareholder:
s.Oliver
Online-Shop GmbH
S.
Oliver-Str. 1
D
97228 Rottendorf
Legal
form: Private limited company
Company Status: dissolved since:
04.07.2011
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 14.03.2003
Local court 97070 Würzburg
HRB 8080
FINANCIAL INFORMATION
Payment experience: takes
advantage of cash discount
Negative information: We
have no negative information at hand.
Maximum credit: > 250,000 EUR
Balance sheet year: 2010
REAL ESTATE
Type of ownership: Tenant
Address S. Oliver-Str.
D 97228 Rottendorf
Land register documents were not available.
BANKERS
UNICREDIT BANK - HYPOVEREINSBANK, WÜRZBURG
Sort. code: 79020076, BIC: HYVEDEMM455
COMMERZBANK VORMALS DRESDNER BANK, WÜRZBURG
Sort. code: 79080052, BIC: DRESDEFF790
FINANCIAL FIGURES
Turnover: 2010 EUR 895,310,774.00
Profit: 2010 EUR 88,428,568.00
Equipment: EUR 25,538,581.00
Ac/ts receivable: EUR 57,686,697.00
Liabillities: EUR 110,051,843.00
Employees:
4,476
-
Part-time employees:
2,664
BALANCE SHEETS
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 73.67
Liquidity ratio: 10.00
Return on total capital [%]: 27.60
Equity
ratio
The equity ratio
indicates the portion of the equity as compared to the total capital. The
higher the equity ratio, the better the economic stability (solvency) and thus
the financial autonomy of a company.
Liquidity
ratio
The liquidity
ratio shows the proportion between adjusted receivables and net liabilities.
The higher the ratio, the lower the company's financial dependancy from
external creditors.
Return
on total capital
The return on total capital shows the
efficiency and return on the total
capital employed in the company. The higher the return on total capital, the more economically does
the company work with the invested
capital.
Balance
sheet grade
The balance sheet grade is based on the
following ratios: equity ratio,
liquidity ratio and return on total capital from the balance sheets published in the Federal
Gazette.
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 328,045,469.02
Fixed assets EUR 100,878,547.04
Intangible assets
EUR 15,653,745.56
Concessions, licences, rights
EUR 13,653,999.00
Goodwill
EUR 10,996.00
Advance payments for intang. assets
EUR 1,988,750.56
Tangible assets
EUR 57,652,979.52
Land / similar rights
EUR 30,575,136.00
Other tangible assets / fixtures and
fittings EUR 25,538,581.23
Advance payments made / construction
in progress
EUR 1,539,262.29
Financial assets
EUR 27,571,821.96
Shares in participations /
subsidiaries and the like
EUR 18,010,208.18
Shares in related companies
EUR 18,000,632.44
Shares in investee companies
EUR 9,575.74
Loans to participations /
subsidiaries and the like
EUR 9,252,863.78
Loans to related companies
EUR 9,252,863.78
Other loans
EUR 308,750.00
Current assets
EUR 222,167,638.56
Stocks EUR 105,802,198.79
Finished goods / work in progress
EUR 105,802,198.79
Accounts receivable
EUR 57,686,697.13
Trade debtors
EUR 29,178,639.09
Amounts due from related companies
EUR 26,272,697.35
Other debtors and assets
EUR 2,235,360.69
Liquid means
EUR 58,678,742.64
Remaining other assets
EUR 4,999,283.42
Accruals
(assets) EUR 3,167,283.42
Deferred taxes (assets)
EUR 1,832,000.00
LIABILITIES EUR 328,045,469.02
Shareholders' equity
EUR 91,657,430.62
Capital
EUR 28,000,500.00
Limited partner's capital / capital
of partially liable partner (LP)
EUR 28,000,500.00
Reserves
EUR 63,656,930.62
Items
between shareholders' equity and
debt capital
EUR 72,127,821.13
Mezzanine financing
EUR 72,127,821.13
Shareholder loans similar to capital EUR 72,127,821.13
Provisions EUR 53,900,275.66
Provisions for taxes
EUR 1,950,297.20
Other / unspecified provisions
EUR 51,949,978.46
Liabilities
EUR 110,051,843.44
Other liabilities
EUR 110,051,843.44
Trade creditors (for IAS incl. bills
of exchange)
EUR 58,635,018.22
Liabililties due to related companiesEUR 40,957,976.98
Unspecified other liabilities
EUR 10,458,848.24
Other liabilities
EUR 308,098.17
Deferrals (liabilities)
EUR 308,098.17
Guarantees and other commitments
EUR 8,743,000.00
Guarantees / warranties
EUR 6,493,000.00
Guarantees
EUR 6,493,000.00
Liability from creation of a security
interest for third parties
EUR 2,250,000.00
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 895,310,774.33
Other operating income
EUR 60,939,955.60
Cost of materials
EUR 541,481,280.45
Raw materials and supplies, purchased
goods
EUR 531,503,631.67
Purchased services
EUR 9,977,648.78
Gross result (+/-)
EUR 414,769,449.48
Staff expenses
EUR 118,934,677.98
Wages and salaries
EUR 100,461,506.47
Social security contributions and
expenses for pension plans and
benefits
EUR 18,473,171.51
Total depreciation
EUR 17,604,318.78
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 17,604,318.78
Other operating expenses
EUR 167,145,515.91
Operating result from continuing
operations
EUR 111,084,936.81
Result from participating interests
(+/-)
EUR -2,795,841.91
Expenses for participations
EUR 2,795,841.91
Expenses for other participations
EUR 2,795,841.91
Interest result (+/-)
EUR -5,933,414.13
Interest and similar income
EUR 1,647,610.98
Interest and similar expenses
EUR 7,581,025.11
Other financial result
EUR 619,809.52
Income from securities and loans from
financial assets
EUR 619,809.52
Financial result (+/-)
EUR -8,109,446.52
Result from ordinary operations (+/-)
EUR 102,975,490.29
Extraordinary income
EUR 63,323.18
Extraordinary expenses
EUR 7,419.00
Extraordinary result (+/-)
EUR 55,904.18
Expenses for transfer of profits to a
parent company
EUR 778,920.57
Income tax / refund of income tax (+/-)EUR -14,541,564.24
Other taxes / refund of taxes
EUR -61,262.26
Tax
(+/-)
EUR -14,602,826.50
Annual surplus / annual deficit EUR 87,649,647.40
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.72 |
|
UK Pound |
1 |
Rs.79.88 |
|
Euro |
1 |
Rs.68.64 |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.